Manappuram Finance is currently trading at Rs. 99.10, up by 6.15 points or 6.62% from its previous closing of Rs. 92.95 on the BSE.
The scrip opened at Rs. 100.45 and has touched a high and low of Rs. 105.00 and Rs. 98.35 respectively. So far 2531039 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 106.75 on 25-Oct-2016 and a 52 week low of Rs. 26.20 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 105.00 and Rs. 83.75 respectively. The current market cap of the company is Rs. 8435.83 crore.
The promoters holding in the company stood at 34.45%, while institutions and non-institutions held 41.35% and 24.20% respectively.
Manappuram Finance will suspend its Depository Participant (DP) Service with effect from April 1, 2017. The board of director at its meeting held on February 8, 2017 has decided to suspend the company’s DP Service with effect from April 1, 2017. The company will make the necessary arrangements to transfer or close existing demat accounts held in its DP.
Manappuram Finance is a non-deposit taking NBFC and having a strong presence in South India in states of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh.